Washington State Real Estate Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

What distinguishes an "exclusive agency listing" from an "exclusive right to sell listing"?

An exclusive agency listing allows the seller to sell independently without a commission

An exclusive agency listing indeed allows the seller to sell the property independently without incurring a commission to the agent as long as the agent is not involved in the sale. This arrangement means that the seller retains the right to find a buyer on their own, and if they successfully do so, they do not owe a commission to the listing agent. This makes the exclusive agency listing different from an exclusive right to sell listing, where the agent is guaranteed a commission regardless of who sells the property.

In contrast, an exclusive right to sell listing binds the seller to pay a commission to the agent if the property sells during the listing period, regardless of whether the agent, another broker, or the seller themselves makes the sale. This can often provide stronger motivation for agents to market the property effectively, knowing they will be compensated no matter the source of the sale.

Succinctly, the essence of the exclusive agency listing is the seller's ability to independently engage in the sale process without paying agent commissions if they sell on their own.

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An exclusive right to sell listing requires the seller to pay commission even if they sell alone

Exclusive agency listings are more common in commercial real estate

Exclusive right to sell listings are only valid for a year

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